Starting & Growing Your Own Business

Would you like to start your own business?

The following is a guide to help you discover what is necessary and directs you to several useful websites.

Research

The single most important thing you can do before starting your own business is research to understand your customers, competitors and industry.

Small Business Victoria will provide greater information on how and what to research before continuing with the process of starting your own business.

Business Plan

A business plan is a useful tool to help you understand what you must do to make your business a success. It will give you an accurate picture of how your business will operate and cover areas such as:

As a business owner, you are probably aware of where your business could improve. However sometimes owners are not sure how to start growing their business.

This checklist provides an overview of some of the key steps you can take to start improving your business.

Growing Your Business

Assess your situation

Before you start making changes to your business, it's a good idea to check you have a full understanding of the factors that are impacting on the success of your business. These may include your current business practices, market trends or changes to the wider environment in which you operate.

A number of tools can help you assess the health of your business. These include: